The strong U.S. dollar is putting American crop exports at a disadvantage, and lagging U.S. crop exports put downward pressure on crop futures markets.  |  Getty Images

Market’s comfort with grain stocks pushes down prices

Canola futures prices, both old crop and new crop, have fallen below $600 per tonne for the first time since December 2020. Corn and soybean futures last week were also the lowest since December 2020. Soy oil and Minneapolis spring wheat were the lowest since spring 2021. Will this price erosion stop? Crop traders appear […] Read more

June was warm in many parts of the North American growing areas, but broadly speaking, July saw normal temperatures until recently, when highs in the U.S. Midwest approached 40 C and parts of the Canadian Prairies saw temperatures in the low to mid 30s. | File photo

Mostly moderate temperatures lessen impact of dryness

In a summer when all the headlines have been about heat waves around the world, it is a blessing that the main grain and oilseed producing areas of North America have mostly avoided extreme heat. The news items about the record number of days that Phoenix, Arizona, had highs above 43 C and the vicious […] Read more